Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-187-000"

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"en.20120523.15.3-187-000"2
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"Mr President, I voted for this resolution in the belief that introducing new taxes will not, in itself, solve our problems; nevertheless, the introduction of certain taxes may lead to a reduction in taxation in other sectors. The financial sector is not contributing in a fair way to the cost of the global crisis at a time when EU citizens are faced with an increase in direct and indirect taxation and severe cuts in wages and pensions. The financial sector is still exempted from taxation in its activities and transactions. I therefore support Ms Podimata’s proposal, which envisages a taxation rate of 0.1% in respect of transactions other than those related to derivatives arrangements, and 0.01% in respect of transactions related to derivatives arrangements, which would generate new revenues of EUR 57 billion at EU level. I have one final comment to make: I would point out that, according to a Eurobarometer poll carried out in June 2011, a large majority of EU citizens are in favour of bringing in these measures."@en1
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